The top Stablecoin Issuer projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Aave
Lend, borrow, and earn interest on your crypto.

Curve
The most efficient stablecoin DEX in DeFi

Paxos
Own physical gold, trade digitally

Paxos
Own physical gold, trade digitally

Solayer
Hardware-accelerated blockchain for 1M+ TPS

Thala
Aptos-native DeFi with stablecoin and AMM

Thala
Aptos-native DeFi with stablecoin and AMM

Thala
Aptos-native DeFi with stablecoin and AMM

Ethena
Synthetic dollar protocol on Ethereum

Ethena
Synthetic dollar protocol on Ethereum

usd.ai
Yield-bearing synthetic dollar backed by real-world assets

Resolv
ETH-backed stablecoin with delta-neutral stability

Keeta
Unify blockchains and fiat payments instantly

Sperax
Autonomous AI agents for yield automation

Sperax
Autonomous AI agents for yield automation

Asymmetry Finance
Decentralized stablecoin and yield optimization protocol

Usual
Usual builds the stablecoin layer.

Falcon Finance
Your Crypto, Your Yields.

Spark
Onchain capital allocator powering deep liquidity

Spark
Onchain capital allocator powering deep liquidity

World Liberty Financial
Lend, borrow, and grow your strategy

dForce
DeFi infrastructure for Web3 liquidity

dForce
DeFi infrastructure for Web3 liquidity

Sky
Govern the Sky Protocol stablecoin ecosystem

Elixir
Institutional liquidity for DeFi, secured by thousands.

Unitas
Earn yield natively with delta-neutral stablecoins

Circle
On-chain US Treasury exposure via regulated DeFi.

Circle
On-chain US Treasury exposure via regulated DeFi.

First Digital
Crypto financial institution

Resupply
Half-rate borrowing, full yield

GAIB
The first economic layer for AI assets.

Solomon
Stablecoin protocol on Solana

Tether
The leading stablecoin for digital payments

TrueUSD
First audited stablecoin with live attestations

Telcoin
Borderless, instant, affordable finance for all

Telcoin
Borderless, instant, affordable finance for all

Spellborne
Borrow magic, keep upside, stay private.

Maker
The decentralized stablecoin engine for DeFi

Maker
The decentralized stablecoin engine for DeFi

Zephyr Protocol
Over-collateralized stablecoin protocol

ANGLE
defunctDecentralized stablecoin protocol governed by veANGLE holders

ANGLE
defunctDecentralized stablecoin protocol governed by veANGLE holders

Qi Dao
Borrow stablecoins at 0% interest.

Yala
Unlocking Bitcoin's DeFi potential with modular infrastructure

Yala
Unlocking Bitcoin's DeFi potential with modular infrastructure

Anzen Finance

STBL
Stablecoin Yield Protocol

Hubble

Cash
Stablecoin platform
